San Francisco-based rebate management leader Enable announced it acquired Flintfox. Terms of the transaction were not disclosed.
Auckland, New Zealand-based Flintfox is a service provider that enables customers to manage, streamline and automate pricing. The company offers manufacturers and distributors a unified, automated solution for consolidating pricing, rebates, settlements, claims, deductions and more.
Meanwhile, Enable is an AI-powered rebate management platform catering to manufacturers, distributors and retailers. Established in 2016, the company offers customers real-time data insights, streamlined rebate processes and accurate forecasting.
Enable said that the acquisition supports the company’s goal of fostering trading relationships to better serve customers, while delivering an ROI for all trading partners through collaborative agreements, performance tracking and identification of revenue opportunities.
“Innovation has always been at the core of Enable, and this acquisition allows us to accelerate that,” Enable Founder and CEO Andrew Butt said in a Jan. 15 news release. “The convergence of rebates and pricing reflects a transformative trend in B2B trading. By combining Flintfox’s dynamic pricing capabilities with Enable’s AI-powered rebate management platform, we are uniquely positioned to unify on-invoice and off-invoice strategies that help businesses grow together and strengthen trading relationships.”
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